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Author Topic: $400 coin from mint  (Read 2419 times)

Offline dans fan

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$400 coin from mint
« on: May 24, 2011, 07:32:38 PM »
i heard something about buying a $400 dollar coin from the mint that has a value of 450 only one per person does anyone know anything about this or have any info (more specific)?
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Offline elikay

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Re: $400 coin from mint
« Reply #1 on: May 24, 2011, 08:07:50 PM »
450 resale value?
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Offline A3

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$400 coin from mint
« Reply #2 on: May 24, 2011, 08:17:15 PM »
It's prob a big pure silver coin. Resale in a pawn shop is prob not that much. But if it's pure silver. Maybe a good investment.
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Offline airblade

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Re: $400 coin from mint
« Reply #3 on: May 24, 2011, 09:40:02 PM »
I saw it on the gov mint site, i think a silver bar is a better deal, no gov markup, and you pay spot..
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Offline lubaby

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Re: $400 coin from mint
« Reply #4 on: May 24, 2011, 10:17:42 PM »
A lot of coin collecting companies will buy these coins off of you for $20-$30 (sometimes more, depending on the coin) more then what you paid for it, being that they have clients that will pay more for it, and the company cannot buy a large qty for themselves to sell. (so they pay you to get it for them)
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Offline dans fan

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Re: $400 coin from mint
« Reply #5 on: May 24, 2011, 11:01:40 PM »
where do i buy it?
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Offline elikay

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Re: $400 coin from mint
« Reply #6 on: May 24, 2011, 11:08:34 PM »
where do I sell it?
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Offline dans fan

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Re: $400 coin from mint
« Reply #7 on: May 24, 2011, 11:17:10 PM »
Quote from: elikay on May 24, 2011, 11:08:34 PM
where do I sell it?
dono. did you buy 1?
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Offline airblade

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Re: $400 coin from mint
« Reply #8 on: May 25, 2011, 04:03:33 AM »
Five ounces of silver for $279. What a bargain...........................
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Offline AsherO

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Re: $400 coin from mint
« Reply #9 on: May 25, 2011, 07:48:38 AM »
Quote from: lubaby on May 24, 2011, 10:17:42 PM
A lot of coin collecting companies will buy these coins off of you for $20-$30 (sometimes more, depending on the coin) more then what you paid for it, being that they have clients that will pay more for it, and the company cannot buy a large qty for themselves to sell. (so they pay you to get it for them)

+1

The coin has numismatic value as well.
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Offline elikay

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Re: $400 coin from mint
« Reply #10 on: May 25, 2011, 08:00:17 AM »
I did not buy anything, but I wouldn't buy before knowing I can sell.
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